Manila sees its creative financing programs as key to rapid infrastructure development

Article Abstract:

The Philippine government is intensifying its efforts to promote innovative financial schemes to alleviate the country's pressing infrastructure problem. At the forefront of such approaches is the build-operate-transfer scheme which encourages private companies to finance infrastructure development projects, operate them and eventually turn them over to the government. Other financial schemes being used by the Philippine government include the build-transfer-operate approach, the build-own-operate scheme and the rehabilitate-operate-transfer method. Other countries are looking into such schemes in the hope of adopting them.

General Economic Programs, Management, Public works, Economic development, Philippines

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Debate grows over using WTO to police labor practices: developing countries, suspicious of the West's motive, are opposed to widening trade body's role

Article Abstract:

Industrialized countries and some Third World nations are divided over the role that the World Trade Organization should be assuming. Developing countries, particularly those in Asia, do not agree with First World countries that the international trade body should broaden its scope to include such new issues as labor standards and multilateral investment codes. They fear that the West's efforts are intended mainly to preserve their competitive advantage over other countries.

Trade Regulations NEC, Laws, regulations and rules, International trade, Developing countries, Industrialized countries, World Trade Organization, Powers and duties, Industrial nations, International trade regulation

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APEC trade agreement shrouded in ambiguities

Article Abstract:

Political leaders hail the new Asia Pacific Economic Cooperation agreement as a positive step in the liberalization of trade in the region. However, a closer examination shows that the agreement is full of ambiguous provisions and vague language. Observers believe that these ambiguities would lead to conflicting interpretations in the future.

Multilateral Trade Negotiations, Evaluation, Commercial treaties, Trade agreements, Trade negotiations, Asia-Pacific Economic Cooperation

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